Governance
Bank of Israel saga comes full circle with Flug nomination
Prime minister relents and nominates Stanley Fischer’s deputy as the next central bank governor; Karnit Flug’s first act is to appoint research head Nathan Sussman to the monetary committee
RBI director says better management of data to help banks with regulatory compliance
Shri Padmanabhan argues uniform reporting standards for data collection would reduce reporting burden, ease validation, and improve overall efficiency of banks
Madagascan deputy steps up to top job
Vonimanitra Razafimbelo appointed acting governor, just over a month after her predecessor Guy Ratovondrahona died; appointment comes a week ahead of presidential elections
ECB seeks head of new human resources office
Recruitment and operations section will be responsible for recruitment and ECB employees' contracts, salaries, and benefits; overhaul comes as ECB gears up for SSM implementation
Cyprus finance minister says governor Demetriades is 'under scrutiny'
Harris Georgiades says expanded central bank board will improve governance; argues banks will succeed in raising equity as capital controls are lifted
New BoE deputy says European banking union would benefit the UK
Jon Cunliffe says ECB has enough tricks up its sleeve to address any further shocks in the eurozone; believes the mutualisation of risk may prove a bridge too far for European banking union
Trichet sees 'conceptual convergence' among major central banks
Former ECB president flags ‘impressive' post-crisis consensus among major central banks over how to handle price and financial stability; says interest rates and QE should be handled separately
Clamour for action on IMF quotas as US continues to stall
Central bank governors and finance ministers unite to urge ratification of IMF quotas reform to boost emerging market representation; Alexandre Tombini tells US to take action
BoE and IMF unveil changes in finance and fiscal departments
Bank of England appoints finance director and starts hunt for court of directors chair; IMF director of fiscal affairs stands down; Bank of Namibia assistant governor quits; and more
Janet Yellen set for nomination as Fed chair
US President Barack Obama expected to nominate Janet Yellen as Ben Bernanke’s successor; would be first female appointment to top job
Maltese politicians clash over new deputy governor appointment
Move to appoint a deputy governor in charge of financial stability at the Central Bank of Malta led to opposition accusations of politicisation
ECB's counsellor to the president crosses lines to Axa
Christian Thimann moves from central bank to financial services giant; takes on responsibilities as group head of strategy and public affairs
Kazakh governor replaced for 'family reasons'
Long-serving central bank governor Grigory Marchenko steps down in favour of deputy prime minister Kairat Kelimbetov
Bank of Spain director general resigns
José María Roldán Alegre resigns after 12 years at the head of the Regulation and Financial Stability department; replaced by Julio Durán Hernández, currently director of the governor's office
ECB fires starting gun on SSM chair selection
New chair will head the single supervisory mechanism and oversee the eurozone's biggest banks from next year; appointment to be made jointly by the ECB and the European Parliament
IMF calls for co-operation as Cypriot president targets central bank governor
Cyprus president says he may appeal to the courts to remove Panicos Demetriades from the Central Bank of Cyprus; IMF insists authorities must work together to protect financial stability
RBNZ bulletin tackles inflation, macro-prudential policy and reserve bank capital
Latest issue of Reserve Bank of New Zealand's bulletin examines why inflation has remained low despite healthy economic growth
Politically-aligned governors more likely to 'survive', research finds
Paper unearths evidence that central bank governors with the same political leanings as the government in power last significantly longer in their roles
Buffett’s ‘greatest hedge fund’ claim puts spotlight on the Fed
Warren Buffett's claim the Fed is ‘the greatest hedge fund in history’ fuels bloated balance sheet and politicisation debate; Fed veteran Gary Stern says 'sage of Omaha’s' comments are ‘misguided’